Statement of Financial Highlights - $ / shares
|
3 Months Ended |
6 Months Ended |
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
| Series A [Member] |
|
|
|
|
| Auction Market Preferred Securities, Stock Series [Line Items] |
|
|
|
|
| NET ASSET VALUE PER UNIT — Beginning of period |
$ 1,381.45
|
$ 1,288.73
|
$ 1,232.18
|
$ 1,295.79
|
| INCOME (LOSS) ALLOCATED FROM THE MASTER FUND: |
|
|
|
|
| Net investment income (loss) |
(2.07)
|
(0.17)
|
(4.38)
|
0.57
|
| Total trading and investing gains (losses) |
(20.06)
|
(19.17)
|
147.13
|
(26.97)
|
| Net income (loss) before profit share allocation from the Master Fund |
(22.13)
|
(19.34)
|
142.75
|
(26.40)
|
| Less: profit share allocation from the Master Fund |
(4.19)
|
0.00
|
11.42
|
0.00
|
| Net income (loss) from operations after profit share allocation from the Master Fund |
(17.94)
|
(19.34)
|
131.33
|
(26.40)
|
| NET ASSET VALUE PER UNIT — End of period |
$ 1,363.51
|
$ 1,269.39
|
$ 1,363.51
|
$ 1,269.39
|
| TOTAL RETURN BEFORE PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.63%)
|
(1.50%)
|
11.52%
|
(2.04%)
|
| LESS: PROFIT SHARE ALLOCATION TO (FROM) THE MASTER FUND |
$ (0.33)
|
$ 0.00
|
$ 0.86
|
$ 0.00
|
| TOTAL RETURN AFTER PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.30%)
|
(1.50%)
|
10.66%
|
(2.04%)
|
| RATIOS TO AVERAGE NET ASSET VALUE: |
|
|
|
|
| Expenses |
4.32%
|
4.26%
|
4.33%
|
4.23%
|
| Profit share allocation to (from) the Master Fund |
$ (0.33)
|
$ 0.00
|
$ 0.86
|
$ 0.00
|
| Total expenses |
3.99%
|
4.26%
|
5.19%
|
4.23%
|
| Net investment income (loss) |
(0.61%)
|
(0.06%)
|
(0.66%)
|
0.09%
|
| Series B [Member] |
|
|
|
|
| Auction Market Preferred Securities, Stock Series [Line Items] |
|
|
|
|
| NET ASSET VALUE PER UNIT — Beginning of period |
$ 1,783.98
|
$ 1,644.25
|
$ 1,595.90
|
$ 1,645.09
|
| INCOME (LOSS) ALLOCATED FROM THE MASTER FUND: |
|
|
|
|
| Net investment income (loss) |
6.18
|
7.87
|
11.73
|
17.04
|
| Total trading and investing gains (losses) |
(24.32)
|
(24.42)
|
191.42
|
(34.32)
|
| Net income (loss) before profit share allocation from the Master Fund |
(18.14)
|
(16.55)
|
203.15
|
(17.28)
|
| Less: profit share allocation from the Master Fund |
(1.98)
|
0.00
|
31.23
|
0.11
|
| Net income (loss) from operations after profit share allocation from the Master Fund |
(16.16)
|
(16.55)
|
171.92
|
(17.39)
|
| NET ASSET VALUE PER UNIT — End of period |
$ 1,767.82
|
$ 1,627.70
|
$ 1,767.82
|
$ 1,627.70
|
| TOTAL RETURN BEFORE PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.14%)
|
(1.01%)
|
12.58%
|
(1.05%)
|
| LESS: PROFIT SHARE ALLOCATION TO (FROM) THE MASTER FUND |
$ (0.23)
|
$ 0.00
|
$ 1.81
|
$ 0.01
|
| TOTAL RETURN AFTER PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(0.91%)
|
(1.01%)
|
10.77%
|
(1.06%)
|
| RATIOS TO AVERAGE NET ASSET VALUE: |
|
|
|
|
| Expenses |
2.31%
|
2.26%
|
2.31%
|
2.23%
|
| Profit share allocation to (from) the Master Fund |
$ (0.23)
|
$ 0.00
|
$ 1.81
|
$ 0.01
|
| Total expenses |
2.08%
|
2.26%
|
4.12%
|
2.24%
|
| Net investment income (loss) |
1.42%
|
1.94%
|
1.37%
|
2.09%
|
| Series C [Member] |
|
|
|
|
| Auction Market Preferred Securities, Stock Series [Line Items] |
|
|
|
|
| NET ASSET VALUE PER UNIT — Beginning of period |
$ 1,820.17
|
$ 1,677.62
|
$ 1,628.28
|
$ 1,678.47
|
| INCOME (LOSS) ALLOCATED FROM THE MASTER FUND: |
|
|
|
|
| Net investment income (loss) |
6.37
|
8.04
|
12.01
|
17.38
|
| Total trading and investing gains (losses) |
(27.84)
|
(24.95)
|
194.76
|
(35.26)
|
| Net income (loss) before profit share allocation from the Master Fund |
(21.47)
|
(16.91)
|
206.77
|
(17.88)
|
| Less: profit share allocation from the Master Fund |
(4.99)
|
(0.01)
|
31.36
|
(0.13)
|
| Net income (loss) from operations after profit share allocation from the Master Fund |
(16.48)
|
(16.90)
|
175.41
|
(17.75)
|
| NET ASSET VALUE PER UNIT — End of period |
$ 1,803.69
|
$ 1,660.72
|
$ 1,803.69
|
$ 1,660.72
|
| TOTAL RETURN BEFORE PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.18%)
|
(1.01%)
|
12.55%
|
(1.07%)
|
| LESS: PROFIT SHARE ALLOCATION TO (FROM) THE MASTER FUND |
$ (0.27)
|
$ 0.00
|
$ 1.78
|
$ (0.01)
|
| TOTAL RETURN AFTER PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(0.91%)
|
(1.01%)
|
10.77%
|
(1.06%)
|
| RATIOS TO AVERAGE NET ASSET VALUE: |
|
|
|
|
| Expenses |
2.31%
|
2.25%
|
2.31%
|
2.23%
|
| Profit share allocation to (from) the Master Fund |
$ (0.27)
|
$ 0.00
|
$ 1.78
|
$ (0.01)
|
| Total expenses |
2.04%
|
2.25%
|
4.09%
|
2.22%
|
| Net investment income (loss) |
1.43%
|
1.94%
|
1.38%
|
2.09%
|
| Series D [Member] |
|
|
|
|
| Auction Market Preferred Securities, Stock Series [Line Items] |
|
|
|
|
| NET ASSET VALUE PER UNIT — Beginning of period |
$ 1,649.74
|
$ 1,529.36
|
$ 1,476.05
|
$ 1,532.95
|
| INCOME (LOSS) ALLOCATED FROM THE MASTER FUND: |
|
|
|
|
| Net investment income (loss) |
2.62
|
4.52
|
4.78
|
10.23
|
| Total trading and investing gains (losses) |
(22.23)
|
(22.74)
|
177.52
|
(31.61)
|
| Net income (loss) before profit share allocation from the Master Fund |
(19.61)
|
(18.22)
|
182.30
|
(21.38)
|
| Less: profit share allocation from the Master Fund |
(2.20)
|
0.02
|
26.02
|
0.45
|
| Net income (loss) from operations after profit share allocation from the Master Fund |
(17.41)
|
(18.24)
|
156.28
|
(21.83)
|
| NET ASSET VALUE PER UNIT — End of period |
$ 1,632.33
|
$ 1,511.12
|
$ 1,632.33
|
$ 1,511.12
|
| TOTAL RETURN BEFORE PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.33%)
|
(1.19%)
|
12.22%
|
(1.39%)
|
| LESS: PROFIT SHARE ALLOCATION TO (FROM) THE MASTER FUND |
$ (0.27)
|
$ 0.00
|
$ 1.63
|
$ 0.03
|
| TOTAL RETURN AFTER PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(1.06%)
|
(1.19%)
|
10.59%
|
(1.42%)
|
| RATIOS TO AVERAGE NET ASSET VALUE: |
|
|
|
|
| Expenses |
3.07%
|
3.01%
|
3.07%
|
2.98%
|
| Profit share allocation to (from) the Master Fund |
$ (0.27)
|
$ 0.00
|
$ 1.63
|
$ 0.03
|
| Total expenses |
2.80%
|
3.01%
|
4.70%
|
3.01%
|
| Net investment income (loss) |
0.66%
|
1.19%
|
0.61%
|
1.35%
|
| Series E [Member] |
|
|
|
|
| Auction Market Preferred Securities, Stock Series [Line Items] |
|
|
|
|
| NET ASSET VALUE PER UNIT — Beginning of period |
$ 1,218.25
|
$ 1,082.29
|
$ 1,064.35
|
$ 1,078.07
|
| INCOME (LOSS) ALLOCATED FROM THE MASTER FUND: |
|
|
|
|
| Net investment income (loss) |
9.42
|
9.81
|
18.12
|
20.55
|
| Total trading and investing gains (losses) |
(17.67)
|
(16.00)
|
127.53
|
(22.52)
|
| Net income (loss) before profit share allocation from the Master Fund |
(8.25)
|
(6.19)
|
145.65
|
(1.97)
|
| Less: profit share allocation from the Master Fund |
0.00
|
0.00
|
0.00
|
0.00
|
| Net income (loss) from operations after profit share allocation from the Master Fund |
(8.25)
|
(6.19)
|
145.65
|
(1.97)
|
| NET ASSET VALUE PER UNIT — End of period |
$ 1,210.00
|
$ 1,076.10
|
$ 1,210.00
|
$ 1,076.10
|
| TOTAL RETURN BEFORE PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(0.68%)
|
(0.57%)
|
13.68%
|
(0.18%)
|
| LESS: PROFIT SHARE ALLOCATION TO (FROM) THE MASTER FUND |
$ 0.00
|
$ 0.00
|
$ 0.00
|
$ 0.00
|
| TOTAL RETURN AFTER PROFIT SHARE ALLOCATION FROM THE MASTER FUND |
(0.68%)
|
(0.57%)
|
13.68%
|
(0.18%)
|
| RATIOS TO AVERAGE NET ASSET VALUE: |
|
|
|
|
| Expenses |
0.52%
|
0.50%
|
0.52%
|
0.48%
|
| Profit share allocation to (from) the Master Fund |
$ 0.00
|
$ 0.00
|
$ 0.00
|
$ 0.00
|
| Total expenses |
0.52%
|
0.50%
|
0.52%
|
0.48%
|
| Net investment income (loss) |
3.15%
|
3.69%
|
3.12%
|
3.82%
|